Common use of Actions by Secured Party Clause in Contracts

Actions by Secured Party. Secured Party may, in its sole discretion and at any time, for the account and expense of Debtor, pay any amount or do any act required of Debtor hereunder or reasonably requested by Secured Party to preserve, protect, maintain or enforce the Obligations, the Collateral or the security interest granted herein, and which Debtor fails to do or pay after notice from Secured Party, including, without limitation, payment of any judgment against Debtor, any insurance premium, any warehouse charge and any lien, claim or encumbrance upon or with respect to the Collateral, and any such payment shall be added to the Obligations and shall be payable upon demand.

Actions by Secured Party. Secured Party may, in its his sole discretion and at any time, for the account and expense of Debtor, pay any amount or do any act required of Debtor hereunder or reasonably requested by Secured Party to preserve, protect, maintain or enforce the Obligations, the Collateral or the security interest granted herein, and which Debtor fails to do or pay after notice from Secured Partypay, including, without limitation, payment of any judgment against Debtor, any and insurance premium, any warehouse charge and any lien, claim or encumbrance upon or with respect to the Collateral, and any such payment shall be added to the Obligations and shall be payable upon demand.

Actions by Secured Party. Secured Party may, in its sole discretion and at any time, for the account and expense of Debtor, pay any amount or do any act required of Debtor hereunder or reasonably requested by Secured Party to preserve, protect, maintain or enforce the Obligations, the Collateral or the security interest granted herein, and which Debtor fails to do or pay after notice from Secured Partypay, including, without limitation, payment of any judgment against Debtor, any and insurance premium, any warehouse charge and any lien, claim or encumbrance upon or with respect to the Collateral, and any such payment shall be added to the Obligations and shall be payable upon demand.